Quantitative Analyst Intern (New York) – Summer 2027

Job description

The D. E. Shaw group seeks talented individuals with impressive records of academic and/or professional achievement to join the firm as quantitative analyst interns. Interns interact with various trading groups and gain valuable work experience while demonstrating their skills on a variety of real-world projects in a collegial environment conducive to learning. This 12-week program will take place in New York and is expected to run from June to August 2027. What you’ll do day-to-day - Work on a research project that typically involves exploring a variety of statistical modeling techniques and writing software to analyze financial data. - Collaborate with a dedicated mentor in one of our quantitative research groups, and work closely with quants, developers, and senior staff. What we’re looking for - An impressive record of academic achievement, including advanced coursework in fields such as math, statistics, physics, engineering, computer science, or other technical and quantitative programs. - Interest or experience working in a data-driven research environment, including manipulation of data using high-level programming languages such as Python, is preferred. - An exceptional aptitude for abstract reasoning, problem solving, and quantitative thinking, in addition to prior probability and statistics knowledge, is a plus. - An interest in learning about quantitative finance; no previous finance experience is necessary. - Enrollment in a full-time degree program; students who apply to this internship are usually approaching their final year of full-time study. - The position offers a monthly base salary of $25,000, overtime pay, a sign-on bonus of $25,000, travel coverage to and from the internship, and a choice of furnished summer housing or a $10,000 housing allowance. It also includes a $3,300 stipend for self-study materials and a $4,000 stipend for personal technology equipment. If you have questions about the compensation, please ask one of our recruiters.